Elon Musk won shareholder approval for a Tesla pay plan that could make him the world’s first trillionaire if he meets ambitious targets, including EV production and deploying a million humanoid robots, amid criticism over his management and public conduct
Tesla shares dropped 8% on Thursday after CEO Elon Musk admitted the company could face a “few rough quarters” amid its pivot from car sales to autonomous ride services. The EV maker posted a 12% revenue decline and 16% fall in profits for the quarter.